 Vancouver will lose big on Olympic Village Prices for condos at Vancouver's former Olympic Village are set to be slashed by 30 per cent, according to a receiver's report, but the city's taxpayers still stand to lose hundreds of millions of dollars.Commentsview comments in forum Page 1 You need to be a member of CKA and be logged into the site, to comment on news. |
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"I think the likely scenario is that the $170 million that we're owed on the land, we're not getting and so the taxpayers lose $170 million," he said.
Sorry boys, your math doesnt fly at all.
Get ready for a half billion dollar loss.
Who said the Olympic were making money ?
On the down side we didn't get transit where it was really needed, and other loss of programs because of the heavy spending for the Olympics. Blew the wad on a party and how have to deal with the hangover.
Yeah, but it was a fun party and from what I heard you all even had hookers!
But yet again, the proles who end up paying for it all out of our taxes are right.
Life really is very predictable!
Remember the Liberal Party refrain, "What's Good for Vancouver is Good for BC" which, in their minds seems to include sports stadiums with roofs that won't close in the rain, bridges named after anatomical body parts that don't generate any revenue and an area transit system that for some odd reason appears to be part of the Provincial Government?
I wonder how much this latest boondoggle is gonna cost us.
The skytrain system needs to be expanded. Next up is obviously the Evergreen Line to Coquitlem/Port Coquitlem. After that however there is debate on whether or not the next phase of the Sky Train should be:
a) An expansion of the Millennium Line from VCC-Clark further down the Broadway corridor, eventually terminating at UBC (assumably at the new Student Union Building that is scheduled to be built by 2014).
b) An expansion of the Expo Line from King George further into Surrey, increasing the service to residents living south of the Fraser. Their argument is that the bulk of the growth the Lower Mainland is going to undergo is going to take place in Surrey and Delta (there's a state that says the Lower Mainland's population will expand by 1 million people by 2040, and over a third of that will be in Surrey/Delta
However, my interests lie with (a), I would like to see the existing system properly finished before expanding south. The Broadway corridor is the busiest traffic corridor in Western Canada, and over 4,000 UBC students are left behind by the 99B-Line bus (and other buses that service this street) each DAY. There's not enough buses to keep up with the demand along the Broadway Corridor, and the provincial government has 2 options (or a mix of the two):
1) Build a shit load more housing at and near UBC so students are close enough to campus to alleviate the strain on the bus system or
2) Extend the Millennium Line from VCC-Clark to UBC.
I definitely would like to see the SkyTrain expanded to UBC, and this isn't out of my own interests in being a UBC student. By the time the UBC Line is built I will be long gone and graduated. I just believe it makes sense to further higher education in our province.
Unfortunately though, young people don't vote nearly as much as people south of the Fraser vote, so Surrey will take priority and the skytrain will be extended there, and UBC won't see a skytrain for at least a decade.
The skytrain system needs to be expanded. Next up is obviously the Evergreen Line to Coquitlem/Port Coquitlem. After that however there is debate on whether or not the next phase of the Sky Train should be:
a) An expansion of the Millennium Line from VCC-Clark further down the Broadway corridor, eventually terminating at UBC (assumably at the new Student Union Building that is scheduled to be built by 2014).
b) An expansion of the Expo Line from King George further into Surrey, increasing the service to residents living south of the Fraser. Their argument is that the bulk of the growth the Lower Mainland is going to undergo is going to take place in Surrey and Delta (there's a state that says the Lower Mainland's population will expand by 1 million people by 2040, and over a third of that will be in Surrey/Delta
However, my interests lie with (a), I would like to see the existing system properly finished before expanding south. The Broadway corridor is the busiest traffic corridor in Western Canada, and over 4,000 UBC students are left behind by the 99B-Line bus (and other buses that service this street) each DAY. There's not enough buses to keep up with the demand along the Broadway Corridor, and the provincial government has 2 options (or a mix of the two):
1) Build a shit load more housing at and near UBC so students are close enough to campus to alleviate the strain on the bus system or
2) Extend the Millennium Line from VCC-Clark to UBC.
I definitely would like to see the SkyTrain expanded to UBC, and this isn't out of my own interests in being a UBC student. By the time the UBC Line is built I will be long gone and graduated. I just believe it makes sense to further higher education in our province.
Unfortunately though, young people don't vote nearly as much as people south of the Fraser vote, so Surrey will take priority and the skytrain will be extended there, and UBC won't see a skytrain for at least a decade.